Mortgage Glossary 'E'

Earnest Money to Escrow Account
Choose a program
Choose a state
Please choose a service or product type selection for your financial services needs.
Please make a state selection for your debt consolidation and financial services needs.
del.icio.us Digg

Advertiser(s)

LowerMyBills.com®

 Need debt help? LowerMybills allows you to get quotes, compare low rates and save on all your monthly bills. Programs available for homeowners and renters.

Get Started with LowerMyBills!

Credit Solutions

As the debt settlement industry leader, Credit Solutions settles millions of dollars of debt each month. Their experts reduce your total debt and guide you with solid financial information and effective budgeting tools. Get your free consultation today.

Get Started with Credit Solutions!

Earnest Money to Escrow Account – Glossary of Mortgage Terms

–
A B C D E F G H I J L M O P R S T U V
  • Earnest money: money put down by a potential buyer to show that he or she is serious about purchasing the home; it becomes part of the down payment if the offer is accepted, is returned if the offer is rejected, or is forfeited if the buyer pulls out of the deal.
  • EEM: Energy Efficient Mortgage; an FHA program that helps homebuyers save money on utility bills by enabling them to finance the cost of adding energy efficiency features to a new or existing home as part of the home purchase.
  • Equity: an owner's financial interest in a property; calculated by subtracting the amount still owed on the mortgage loan(s) from the fair market value of the property.
  • Escrow account: a separate account into which the lender puts a portion of each monthly mortgage payment; an escrow account provides the funds needed for such expenses as property taxes, homeowners insurance, mortgage insurance, etc.

Choose a Loan Type or Service

–
Auto Loan Company | Bank Directory | Bankruptcy Alternative | Car Insurance Online | Credit Card Companies | Credit Counseling Programs | Debt Consolidation Program | Debt Management Help | Debt Settlement Firms | Health Insurance Quote | Home Equity Loan | Home Purchase Loans | Homeowner's Insurance | Investment Services | Jumbo Loans | Life Insurance Coverage | Mortgage Refinance Lenders | Personal Loan | Second Mortgage Lender

Please Note

–

The Debt Consolidation Loan Directory is a service of Infinamic, Inc. All information is deemed reliable, but not guaranteed. Infinamic, Inc. is not responsible for the content and services, that may be provided to you, by following the links from this web site. Use this service at your own discretion.